A “controlled” budget to be proposed in next FY
A “controlled” budget to be proposed in next FY

The interim government plans to present a controlled budget due to resource constraints and economic crisis. Sources confirmed that the upcoming budget (2025-26) will not be increased much to restore normalcy in the macro economy. A source in the Finance Division said that allocation in the...

Afghan economy faces ‘uncertain’ future despite modest growth: World Bank
Afghan economy faces ‘uncertain’ future despite modest growth: World Bank

Afghanistans economy continues to face significant challenges despite showing signs of modest growth, the World Bank warned on Wednesday, with the future uncertain. The economys challenges include fiscal constraints, trade imbalances, and a limited capacity for public investment, the bank said...

Country explores avenue to boost revenue collection
Country explores avenue to boost revenue collection

Bangladesh has significant potential for mobilising revenue collection, as highlighted by a recent official assessment on revenue buoyancy, a measure reflecting how tax revenues respond to economic growth, reports UNB. Revenue buoyancy, the responsiveness of revenues to gross domestic product...

Country’s GDP growth slows to 3.91% in Q4
Country’s GDP growth slows to 3.91% in Q4

Bangladeshs GDP (Gross Domestic Product) growth decelerated to 3.91 per cent year-on-year in the fourth quarter (April-June) of the fiscal year 2023-24, according to data from the Bangladesh Bureau of Statistics (BBS). This figure marks a significant drop compared to 6.88 per cent GDP growth...